World’s largest gold coin sells for $4 million
The world’s largest gold coin, a Maple Leaf, sold for 3.27 million euros ($4.02 million) at the Dorotheum auction house on Friday in Vienna. The coin – measuring 53 centimetres in diameter and weighing 100 kilograms – was bought by Spanish precious metals firm Oro Direct. The Maple Leaf coin, which is listed in the […]
The world’s largest gold coin, a Maple Leaf, sold for 3.27 million euros ($4.02 million) at the Dorotheum auction house on Friday in Vienna.
The coin – measuring 53 centimetres in diameter and weighing 100 kilograms – was bought by Spanish precious metals firm Oro Direct.
The Maple Leaf coin, which is listed in the Guinness Book of World Records and carries a face value of one million Canadian dollars, was minted in 2007.
However, with gold currently trading close to record highs around 1,250 dollars an ounce, the coin was auctioned off for far more than its face value.
One side carries the image of Queen Elizabeth II, the official head of state of Canada, while the other side bears three maple leaves, the national symbol
The coin was owned by Austrian investment firm AvW, which entered bankruptcy proceedings in May.
Source: AFP
